Introducing Feed3: Overview

The web 3.0 economy powered by blockchain technology, artificial intelligence, and machine learning is the next big revolution that will transform the web and digital world by allowing users to own and control their data while operating in an environment that is decentralized, transparent, secure, and more connected.

A plethora of innovative products in the web 3.0 ecosystem are helping people to immerse and realize the potential and benefits of the next-generation technology. Some of the extensively popular decentralized applications (dAPPs) belonging to the DeFi and GameFi segment have already been creating an influence including but not limited to, Aave, Axie Infinity, PancakeSwap, Decentraland, Splinterlands, Sandbox, Aave, and much more.

However, as this next-generation technology landscape is expanding its footprint, a major growth accelerator seems to be missing in the loop- Collecting Feedback. Not a single successful initiative can be found in the market helping the consumers to submit genuine feedback based on their experience of using a web 3.0 product to the development team.

It is no hidden fact that collecting feedback is crucial for the development team to improve the product, foster customer retention, and serve a superlative experience. True feedback forms a source of data that helps in the implementation of business decisions that are beneficial for the product and community.

Technology has made significant advancements in a variety of disciplines. With just a keyboard and some code, a product may be designed, developed, and finished. Although the top digital entrepreneurs create cutting-edge applications and predict trends before they arrive, they can't be so forward-thinking without taking feedback from the end users.

For this purpose, we decided to build Feed3, the first-ever audio feedback tool, designed and developed to help the web 3.0 community submit feedback on their experience of playing a blockchain-based game or interacting with a dApp through AI-powered voice notes.

Most importantly, Feed3 also rewards the users for their efforts in the form of FD3 tokens, a native cryptocurrency of the project. In this way, a Feedback-to-Earn (FB2E) model is incorporated on top of the existing Play-to-Earn model of the blockchain game, creating a secondary income channel for the players by simply sharing their feedback and opinion.

Looking at the other side of the coin, the game development team shall have a comprehensive directory of genuine feedback which they can use to modulate or re-engineer the game so that the gaming community's expectations can be fulfilled contributing to the longevity of the product and customer satisfaction.

To help the web 3.0 gaming players leverage the idea of the FB2E model, Feed3 will develop partnerships with some notable titles operating in the Play-to-Earn (P2E) economy. The partnership will allow the deployment and integration of the Feed3 technology within the UI/UX of the games and help the players and gaming guilds to generate an additional source of income. In contrast, the development team shall have access to the data they need to evolve the game to the next level.

The Feed3 makes use of a deep neural network algorithm, labeled “Freeda” that collects, governs, and processes the incoming audio feedback. Freeda is a proprietary speech neural network that enables the players to record the audio feedback in plain English. For example, a player might record a voice note- “The brightness is too high” or “No sound while reloading the gun” or “the character cannot swim” and send it to the product development team.

However, developing a proprietary speech neural network was simply not enough. To convey a decentralized attitude followed by creating economic opportunities for players, transferability, transparency, inclusive growth, and authenticity record, it was important to amalgamate this AI-based innovation with a blockchain-based solution.

Hence, the team at Feed3 has designed F3 BOTS that are intelligent NFTs (iNFTs), a collection of 10,000 NFTs (ranging from $2,000 to $30,000) that powers the proprietary voice feedback model- Freeda. The F3 BOTS processes the voice feedback to generate the FD3 tokens and create a passive income stream for the owner. The value of the F3 BOTS is increased as the feedback is processed. The owners can also sell the F3 BOTS and the underlying data at a profitable quote.

Furthermore, Metaverse is another web 3.0 territory in which Feed3 will expand itself. Similar to the P2E economy, there is no initiative to help the users and organizations on Metaverse to share feedback on the experience of traversing the virtual-reality space.

The team at Feed3 shall also design and develop a review platform exclusively for web 3.0 commerce. This platform will allow the users to drop their reviews after using any web 3.0 product like a P2E NFT game, Metaverse, DeFi, etc. The review will be verified by Freeda and authenticated by blockchain technology, allowing to cultivate an ecosystem promoting genuine and reliable reviews.

Moving forward, some additional innovations on the bucket list include the development of the decentralized API (dAPI) service, an Anti-Scripting mechanism, and a DApp aggregator. In this Whitepaper, the inspiration behind the development of the Feed3 products has been explained and the key role they will play in plugging the gap in the current web 3.0 landscape.